Lenders › United Wholesale Mortgage › New Jersey
United Wholesale Mortgage in New Jersey
HMDA record for properties in New Jersey, calendar year 2024. National record · New Jersey overview
HMDA data alone cannot be used to determine whether a lender is complying with fair lending laws. The data do not include some legitimate credit risk considerations for loan approval and loan pricing decisions. Cells under 25 applications are withheld.
In New Jersey, United Wholesale Mortgage reported 8,798 applications and 6,114 originations for 2024, $2.8bn in all.
Its denial rate in the state was 16.4%, below the New Jersey rate of 26.0% across all lenders and compared with the lender's national rate of 13.4%.
The median rate spread on its New Jersey originations was 0.2 percentage points (state median 0.4).
Applications in the state were up 24% on 2023.
Compared with the state and the lender's national record
| Measure | In New Jersey | New Jersey, all lenders | United Wholesale Mortgage, all states | United States |
|---|---|---|---|---|
| Denial rate | 16.4% | 26.0% | 13.4% | 24.3% |
| Median rate spread, pp | 0.2 | 0.4 | 0.2 | 0.3 |
| Originations with spread of 1.5 pp or more | 5.8% | 17.7% | 5.8% | 15.6% |
| Average originated loan | $451k | $387k | $382k | $329k |
| Home purchase share | 63.8% | 51.0% | 67.0% | 57.0% |
| FHA-insured share | 18.9% | 11.2% | 20.3% | 13.4% |
| VA-guaranteed share | 6.5% | 2.9% | 14.6% | 7.9% |
Trend by year
ApplicationsOriginations
This lender in stateNew Jersey, all lenders
Loan purpose and loan type in New Jersey
By purpose
Home purchase 64% (3,901)Refinancing 14% (883)Cash-out refinancing 22% (1,330)
By type
Conventional 75% (4,562)FHA 19% (1,155)VA 6% (395)USDA 0% (2)
Denial reasons as coded
Share of 1,230 denials in New Jersey by first denial reason coded (outlined bar: all lenders in the state).
Counties in New Jersey
| County | Applications | Originations | Amount | Denial rate |
|---|---|---|---|---|
| Middlesex County | 1,099 | 783 | $361m | 15.2% |
| Bergen County | 938 | 642 | $364m | 16.6% |
| Ocean County | 742 | 536 | $227m | 15.4% |
| Essex County | 710 | 464 | $229m | 22.8% |
| Monmouth County | 590 | 419 | $211m | 15.4% |
| Burlington County | 545 | 397 | $138m | 14.2% |
| Union County | 536 | 374 | $180m | 14.4% |
| Morris County | 497 | 370 | $185m | 11.2% |
| Passaic County | 478 | 325 | $146m | 19.4% |
| Hudson County | 493 | 317 | $165m | 22.4% |
| Camden County | 403 | 290 | $85m | 13.6% |
| Mercer County | 380 | 258 | $92m | 17.4% |
| Somerset County | 351 | 246 | $117m | 15.4% |
| Gloucester County | 206 | 144 | $46m | 13.6% |
| Hunterdon County | 155 | 119 | $57m | 9.7% |
| Sussex County | 186 | 118 | $43m | 15.1% |
| Atlantic County | 170 | 110 | $42m | 18.8% |
| Warren County | 129 | 84 | $28m | 19.8% |
| Cumberland County | 73 | 46 | $12m | 14.5% |
| Cape May County | 69 | 43 | $20m | 21.4% |
| Salem County | 48 | 29 | $7.0m | 28.6% |
Counties with at least 25 applications, by originations.
Questions and answers
How many mortgages did United Wholesale Mortgage originate in New Jersey in 2024?
6,114 loans totalling $2.8bn, from 8,798 applications reported for properties in New Jersey.
What is United Wholesale Mortgage's denial rate in New Jersey?
16.4% of decided applications in New Jersey were denied, against 26.0% for all lenders in the state and 13.4% for this lender nationally. HMDA data alone cannot be used to determine whether a lender is complying with fair lending laws.
Which New Jersey counties does United Wholesale Mortgage lend in most?
By originations: Middlesex County (783), Bergen County (642), Ocean County (536), Essex County (464), Monmouth County (419).
Where does this data come from?
From the 2024 public HMDA loan/application register (FFIEC and CFPB), filtered to the lender's LEI and the property state. Cells under 25 applications are withheld.
Provenance
Source: HMDA public loan/application register 2022, 2023, 2024 (FFIEC and CFPB, public domain), records for this LEI with a property in New Jersey. Built 30 Sep 2026; data through 1 Aug 2026. See methodology and corrections.